The Hycroft deposit hosts one of the largest gold and silver deposits in the world with over 10.6 million ounces of gold and over 361.0 million ounces of silver in the Measured and Indicated Category (over 15 million ounces gold equivalent) with an additional 3.4 million ounces of gold and 96.0 million ounces of silver in the Inferred Category (an additional 4.6 million ounces gold equivalent). The company’s land position is approximately 64,000 acres of which only 10% has been explored.
These mines surpass Hycroft’s gold ounces by a big margin, especially in proven & probable reserves.
Muruntau (Uzbekistan)
One of the largest gold mines in the world, with tens of millions of ounces of gold reserves (est. ~71 M oz remaining).
Grasberg (Indonesia)
Massive copper-gold mine with ~26 M oz gold reserves plus significant silver.
Olimpiada (Russia)
Major gold deposit and one of the largest in Russia and globally (reserve figures often exceed tens of millions of ounces).
Large Multi-mine Complexes (World Rankings)
Nevada Gold Mines (U.S.), Pueblo Viejo (Dominican Republic), Carlin Trend (U.S.), etc., all have very large gold reserves/production compared to Hycroft
Here it is on Google Earth- Allied, Nevada. Google Earth Pro is free. The benefit is that you can look at the satellite images, overlay images and map 3D surfaces, and you can see the 3D pits with your own eyes and you can orbit around and check it out from different vantage points, it’s very handy to be able to use it for due diligence.The black line is railroad tracks.

It’s a big mine when the claims map is overlaid on Google Earth, 64,000 acres in the purple line

Rosebud peak is in pink at the bottom

You can then look at the formations and decide which pits are which

It helps me visualize, confirm and digest the information that’s included in the Initial Assessment Technical Report Summary

You can understand the location and relationship of the central pit and brimstone pits

study the drill maps

Look at the cross sections understand the ore bodies and also understand that there’s a huge area called Rosebud Peak that they haven’t drill yet. I like the stock because it acts insane. But you only put in what you can afford to loose.
